What is the tick value for RTY?

$5.00 per tick — a 0.1 tick size × a $50 multiplier (point value).

What is one RTY contract worth?

One contract represents $50 × the Russell 2000 index. Notional value = price × $50; use the tick value calculator with the current price for an exact figure.

Which exchange lists RTY?

E-mini Russell 2000 (RTY) trades on the CME.

What are the trading hours for RTY?

Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 4:15pm–4:30pm ET.

How much margin do I need to trade RTY?

Margin varies by broker and typically moves with volatility — check your broker for current initial/maintenance margin.

How is P&L calculated for RTY?

P&L = (exit price − entry price) ÷ 0.1 tick size × $5.00 tick value × number of contracts. Use the tick value calculator to compute this directly.

CME

E-mini Russell 2000 (RTY) Tick Value & Contract Specs

Tick value $5.00 per tick — $50 × the Russell 2000 index.

Small caps trade differently from mega caps, and the E-mini Russell 2000 (RTY) is how futures traders express that view. The contract is $50 per index point — the same multiplier as ES — but with a 0.10-point tick worth $5.00. Because the Russell 2000 trades at a much lower index level than the S&P 500 (around 2,000 versus 5,000), one RTY contract carries roughly $100,000 of notional, less than half of ES.

The index's two thousand small-cap constituents make RTY more sensitive to domestic US economic conditions, credit spreads and risk appetite than the mega-cap-driven S&P and Nasdaq — it frequently leads or lags them at turning points, which is precisely why relative-value and rotation traders watch it. Ten ticks make one point, so a 10-point stop is 100 ticks or $500 per contract. Check that arithmetic against your risk budget with the pre-filled calculator below before sizing a position.

Exchange: CME
Contract size: $50 × the Russell 2000 index
Tick size: 0.1
Tick value: $5.00
Point value (multiplier): $50
Trading hours: Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 4:15pm–4:30pm ET
Margin: Margin varies by broker and typically moves with volatility — check your broker for current initial/maintenance margin.

Open in the tick value calculator, pre-filled for RTY

How RTY tick value works

Tick value is the dollar amount one futures contract gains or loses when the price moves one minimum increment (one tick).

tick value = tick size × multiplier. For RTY, that is 0.1 × $50 = $5.00 per tick, per contract.

One contract represents $50 × the Russell 2000 index. P&L for a move from entry to exit is (exit − entry) ÷ tick size × tick value × contracts.

Frequently asked questions

What is the tick value for RTY?: $5.00 per tick — a 0.1 tick size × a $50 multiplier (point value).
What is one RTY contract worth?: One contract represents $50 × the Russell 2000 index. Notional value = price × $50; use the tick value calculator with the current price for an exact figure.
Which exchange lists RTY?: E-mini Russell 2000 (RTY) trades on the CME.
What are the trading hours for RTY?: Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 4:15pm–4:30pm ET.
How much margin do I need to trade RTY?: Margin varies by broker and typically moves with volatility — check your broker for current initial/maintenance margin.
How is P&L calculated for RTY?: P&L = (exit price − entry price) ÷ 0.1 tick size × $5.00 tick value × number of contracts. Use the tick value calculator to compute this directly.

More futures contract specs

See all futures contract specs or use the futures contract & tick value calculator with any symbol or custom specs.

Specs last reviewed 2026-06-01. Exchanges can amend contract specs — always confirm against the exchange or your broker before trading.